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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > re: revised N43-101
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Post by figtrader on Jul 22, 2011 4:36pm

re: revised N43-101

Your estimate is far closer.  I was looking at an older report when i dashed that off.
I would expect 5+ m oz as well, but the company has had a significant drilling program ongoing, and it will be interesting to see what is included from the additional drilling.  The heap leach potential continues to mount with all the more recent news releases too which allows for lower grade material to be factored in , so that's the HUMMM factor.  We are going to head considerably higher as the company expands to the northeast and southwest.

Comment by Goldfather on Jul 22, 2011 4:48pm
  Thanks Fig..... yes will be very interesting....certainly the HUMMMM factor, as u say ! But they seem very guarded on their Gold Reports. Have been all along. Outside of the Analysts, ( who are very knowledgeable and informed)... we may not get clear Estimates. Especially since they are Now Hopefully in Negotiations. Granted, the Forms are required,,,, but we all know that Ole is very cagey ...more  
Comment by tony1969 on Jul 26, 2011 9:34am
Grandich mentioned in his latest post on OLE that they are not getting any credit below 350 meters yet. I assume this is no credit as far as NI 43-101. I believe more drilling is required to make these 721K ounces under Masato official. Does anyone have any info on this and or on the pending tech report? David Scott has not returned my email.Comments?Tony
Comment by tony1969 on Jul 27, 2011 7:02pm
I do not mean to keep harping on this NI 43-101 technical report but I will. Maybe they are waiting for more deep drilling results to be able to include more ounces in the report. The difference between last years report and this years was I believe only about 157K ounces plus the heap leach ounces. I guess they are looking for more consistency in the deep drilling grade to establish a higher and ...more  
Comment by arlene2 on Jul 28, 2011 12:32am
Tony-------Stop asking the same question over and over and over......It is obvious no one here can answer....  You are being a real pain.........Get that answer from Ole  or at least hound them as much as you do this site....
Comment by RottenEggS on Jul 28, 2011 11:21am
Arlene, same could be said for your lofty predictions on the share price in the past short termTony, if Arlene can't answer your question then maybe you should direct it at managementI'd be interested in the response you getThxRES
Comment by aquaistq on Jul 28, 2011 11:47am
Arlene has been projecting thos prices for years....lol..Hilarious
Comment by arlene2 on Jul 28, 2011 12:34pm
RottenEggs----Your message rec'd.....I will stop with any share price predictions.....I apologize.....Best Regards, Arlene2
Comment by tony1969 on Jul 28, 2011 12:45pm
Arlene, this is Tony "the real pain".  I have emailed the company several times as well as called DS and have not received a single reply concerning this matter.  Thanks for the kind words.TonyFYEJB
Comment by arlene2 on Jul 28, 2011 1:08pm
Tony----Your frustrations re lack of information is understandable....Sorry if I seemed so harsh in my last communication.......I , too , am frustrated......     Best Regards , Arlene2
Comment by topoftheridge on Jul 28, 2011 1:19pm
Well I just emailed DS, we all should do it like we did with the conference call.  That was DW's idea.Let's do it again.Post on here once you have sent it.top
Comment by arlene2 on Jul 28, 2011 2:05pm
topoftheridge----I e-mailed DS yhis morning
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